Newburyport-Massachusetts Savings

Increase your Newburyport Home’s Resale Price through Energy Savings

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Upgrading your windows to EnergyStar rated National Vinyl windows may increase the sale price of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

In addition, many buyers are willing to pay a premium for energy savings. Here we try to find out : What’s the return on energy savings on the market? This is what we estimated in Newburyport:

Put differently, a window investment in Newburyport can add between 0.21% percent and 0.88 % percent to the sale price of your home through the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Newburyport homeowner is relatively strong.

The variation between the range for Newburyport and Boston, which for reference, would yield a potential premium range of 0.21% percent and 0.3% percent respectively, may come from a number of factors, in particular; the -0.11% percent difference in median home prices, a buyers’ willingness to pay more for energy savings at a given price point in the Boston-Cambridge-Newton region, and energy cost differences between Newburyport and Boston.

The data presented is extrapolated from EnergyStar, the NREL,Department of Energy and incredible research executed by the NAHB. Newburyport home value data is provided by Zillow.

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